profit and loss account

NOUN
23 LETTERS · STARTS WITH P

profit and loss account is a valid 23-letter word worth 30 points in Scrabble and 37 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3R1O1F4I1T1A1N1D2L1O1S1S1A1C3C3O1U1N1T1
3 + 1 + 1 + 4 + 1 + 1 + 0 + 1 + 1 + 2 + 0 + 1 + 1 + 1 + 1 + 0 + 1 + 3 + 3 + 1 + 1 + 1 + 1 =30 PTS
DOUBLE WORD → 60TRIPLE WORD → 90
MEANING

What does profit and loss account mean?

NOUN · 1 SENSE
1

An account compiled at the end of an accounting period to show gross and net profit or loss.